Startups

ChrysCapital has invested $100 million in Lenskart, the two said Thursday, pushing the Asian eyewear startup’s raise in the past year to $850 million as it expands its offerings and reach in international markets. The Indian private equity firm is buying shares worth $100 million in Lenskart

Here’s another edition of “Ask Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says S

We have good news for tech companies big and small this fine Wednesday morning: valuations are heading higher, though at a modest pace. New public market data indicates that software stocks are rising to their highest points so far this year. To make it sweeter, the underlying revenue multiples at

Majority, a mobile banking company offering financial services to U.S. migrants, closed on its fourth funding round in two years as it opens a community meetup space in Laredo, Texas. The new location positions the company close to The Gateway to the Americas International Bridge that crosses the R

Generative AI has undoubtedly been the big buzzword of the past year, driven in large part by Microsoft-backed OpenAI and ChatGPT. But while the ability to create all manner of fresh content from a simple prompt raises various societal and ethical questions, it also opens the door to myriad busines

Founded in Melbourne, One Future Football (1FF) bills itself as the “world's first global soccer league,” and it's goal is to attract first-time soccer fans. It launches today with more than 250 CGI generated players, who have backstories created so all fans have someone they can relate

Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included participation from DSX Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FirstPi

Late last week, car rental marketplace Turo dropped an updated S-1 filing featuring its first-quarter results. technewss+ previously covered the company’s full-year 2022 results, noting at the time that Turo was growing quickly while staying profitable and was posting revenue totals that, wh

Space is a tough place for electronic circuits since radiation causes short circuits that result in mission failure, said Hwai Lin Khor, vice president of Zero-Error Systems. Many companies currently build satellite electronics systems with commercial-off-the-shelves (COTS) semiconductor devices

Sucking carbon dioxide out of the air isn't rocket science — the technology is decades old — but one startup thinks that maybe a little rocket science could help make direct air capture better. Carbon dioxide scrubbers have been around since the 1800s, when commercial divers used them to ex

When Hillary Bush decided to leave the comforts of a full-time job at MasterClass to be self-employed, she said she “was met with scams, snake oil and SEO.” Not a pleasant thought given that 60 million Americans called themselves freelancers in 2022 and that two-thirds of Gen Z and Millennials

Let’s explode a few myths. For starters: The tech industry is not a meritocracy. There’s a direct correlation between the size and strength of your network and your chances of success. Second: It’s relatively easy to connect with reputable investors. Most firmsR

Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omi

Launching a startup usually means obsessing about whether product-market fit (PMF) has been achieved in its early days. More broadly, PMF is a term we use to describe a product or service that has generated enough organic demand from consumers. This demand is both sustainable and economically worth